The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Secretary of State Rex Tillerson was showing "disdain" for China's approach to Latin American by saying that the far east nation was assuming the role of "new imperial powers" alongside Russia, a nationalistic Chinese newspaper said over the weekend.
"Chinese people might be surprised to find out that their country is labeled a 'new imperial power,'" said Global Times in an op-ed.
"The question is: What did China do in Latin America? China has no military bases in the region and has dispatched no troops to any of the Latin American countries, " the Chinese Communist Party-linked newspaper added.
On the charge that China is using its economic influence to exert political pressure over the region, the paper claimed Beijing's actions brought only benefit to those nations.
"China is merely doing business with Latin America and all the trade ties are based on the countries' free will and for mutual benefit," it said. "China respects Latin America and the first principle in trade cooperation is win-win and reciprocity. However, the U.S. has long seen Latin America as its backyard. "
China's comments came after Tillerson on Friday said in a speech on Friday about China's influence in Latin America that the region "does not need new imperial powers."
"Today China is getting a foothold in Latin America. It is using economic statecraft to pull the region into its orbit; the question is at what price," Tillerson said at the University of Texas at Austin en route to Mexico.
"Latin America does not need new imperial powers that seek only to benefit their own people," he said. "China's state-led model of development is reminiscent of the past. It doesn't have to be this hemisphere's future."
State-owned China Daily responded to Tillerson by saying said there is a "perception gap" between the U.S. and China.
Referring to Tillerson's Friday speech insinuating China is a "potential predatory actor," the paper said the current U.S. administration believes it is living during the Cold War, "even though the rest of the world has moved on and is living in 2018." That is, Washington is suffering from "paranoia," the paper said.
"Which is why what appears perfectly normal to China and other countries can look offending, even unacceptable to the U.S."
Chinese foreign ministry spokeswoman Hua Chunying also hit out at Tillerson's comments over the weekend, saying "the relevant allegation from the U.S. side is totally contrary to the facts and shows no respect for the vast number of Latin American countries."
The latest tit-for-tat between the world's two largest economies came as the U.S. is seen to be turning inward under the Trump administration and as China expands its international footsteps and global influence, especially through the Belt and Road Initiative.